CRYPTO MARKET UPDATE

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ripplelabs

Ripple Lab Selected For Hong Kong Launches e-HKD Pilot Programme

The Hong Kong Monetary Authority (HKMA) has taken a significant step towards transforming the digital payments landscape by announcing the launch of the e-HKD Pilot Programme. With a focus on…
busd

BUSD Market Share on Binance Drops Below 10%, TUSD risen to 24%

BUSD’s market share on Binance has fallen below 10% for the first time since July 2021. As of May 18, 2023, BUSD’s market share stands at 9.9%, while TUSD’s market…
BNB FEB24

Binance Reduces ETH Staking Withdrawal Processing Time to Five Days

Binance, the leading cryptocurrency exchange, has announced a significant reduction in the processing time for ETH Staking withdrawal requests. Effective from May 18, 2023, users can expect their ETH Staking…
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FTX Leadership Files Lawsuit Against Former CEO and Executives

FTX leadership has filed a lawsuit against its former CEO, Sam Bankman-Fried, co-founder Zixiao Wang, and former senior executive Nishad Singh. The lawsuit stems from a controversial $220 million acquisition…
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Bitcoin Mining Difficulty Reaches Record High

Bitcoin, the world’s most popular cryptocurrency, experienced a significant mining difficulty adjustment at block height 790,272. The mining difficulty, which measures the level of complexity miners face when attempting to…
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SEC Challenges Filecoin Security Status, Grayscale Responds

The U.S. Securities and Exchange Commission (SEC) recently expressed its opinion that Filecoin, a popular cryptocurrency, meets the definition of a security. As a result, the SEC requested that Grayscale,…
Ethereum

Ethereum 2.0 Hits Record Monthly High with Over 2.2 Million ETH Staked

The month of May witnessed a significant milestone as over 2.2 million ETHs were staked to the ETH2 deposit contract. This unprecedented surge in staking activity marks a new monthly…
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Contributors Working Towards Launching Uniswap on Coinbase’s Layer 2 Base Network

Uniswap, the decentralized exchange (DEX) that has gained significant popularity in the world of decentralized finance (DeFi), is set to make a major advancement. Contributors to Uniswap are actively working…
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Uniswap Launches on Polkadot via Moonbeam Boosting DeFi

In a groundbreaking announcement, Uniswap, the largest decentralized exchange by volume, revealed its plans to launch on Polkadot through the Moonbeam network. This strategic move aims to leverage the benefits…
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Curve Finance Launches crvUSD UI and Announces Future Expansion

Curve Finance Introduces crvUSD UI and Plans to Expand Market Offerings. Curve Finance, a prominent decentralized finance (DeFi) platform, unveiled the launch of its new crvUSD UI. This user interface…
shutterstock 2004690977 Cardano

The first Cardano SPO-Poll On Mainnet is Published

In an exciting development on the Cardano Mainnet, a new transaction with the ID *fae7bda85acb99c513aeab5f86986047b6f6cbd33a8e11f11c5005513a054dc8* has marked the initiation of the first CIP-0094 based Stake Pool Operator Poll. Stake Pool…
benbitboy

Bitboy Breaks Promise, Sells All $BEN Tokens

Popular cryptocurrency influencer Bitboy has decided to sell all of his $BEN tokens, despite committing to not selling them for a period of six months. This unexpected move has left…
BitcoinLitecoin min

Interest in Litecoin Surges as Speculators Seek Cheaper Alternatives

Bloomberg reported on bitcoin alternative Litecoin why its better for large adoption. Litecoin, launched 12 years ago as a transaction-friendly version of Bitcoin, has recently experienced a significant rally, surging…
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Ripple Major Expansion: Acquiring Swiss Crypto Custody Firm Metaco to Enhance Tokenized

Ripple, the global payment protocol and cryptocurrency company, has made a significant move in the crypto space with its recent acquisition of Swiss crypto custody firm Metaco. The deal, valued…
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Tether Allocates 15% of Net Operating Profit to Purchase Bitcoin

Tether has announced its decision to allocate 15% of its realized net operating profit towards purchasing Bitcoin. This significant development comes as Tether continues to strengthen its position in the…
busd

Binance Burning USDT , BUSD and USDC Tokens on BNB Chain

Binance, one of the leading cryptocurrency exchanges, has announced plans to burn a substantial amount of Binance-pegged USDT and USDC tokens on the BNB Chain. This strategic decision aims to…
bitcoinbull

The Bullish Case for Bitcoin: Insights from Billionaire Investor Paul Tudor Jones

In the ever-evolving landscape of investments, Bitcoin has captured the attention of both seasoned investors and newcomers alike. Billionaire investor Paul Tudor Jones has emerged as a prominent figure who…
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MetaMask Adds Support for Direct ETH Withdrawals on Lido

MetaMask, the popular Ethereum wallet and decentralized application (dApp) browser extension, has recently introduced a new feature that brings added convenience to Lido users. With this latest update, individuals can…
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